THERMEX HOLDING A/S — Credit Rating and Financial Key Figures

THERMEX HOLDING A/S (CVR number: 25128214) is a company from RØDOVRE. The company recorded a gross profit of -104 kDKK in 2023. The operating profit was -172 kDKK, while net earnings were 8874 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.5 %, which can be considered good and Return on Equity (ROE) was 10.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 89.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. THERMEX HOLDING A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.